CVC Option definition
Examples of CVC Option in a sentence
CVC may elect to purchase any or all of the CVC Available Securities by giving written notice to the Company within 20 days after the CVC Option Notice has been given by the Company.
As soon as practicable after the Company has determined that there will be CVC Available Securities, but in any event within 60 days after the Termination, the Company shall give written notice (the "CVC Option Notice") to CVC setting forth the CVC Available Securities and the purchase price for the Executive Preferred Stock and Executive Common Stock comprising the CVC Available Securities.
If the Company has not elected to purchase all of the Shareholder Shares to be transferred, CVC (or its designee) and the other nonselling Shareholders may elect to purchase all (but not less than all) of the Shareholder Shares to be transferred, upon the same terms and conditions as those set forth in the Transfer Notice, by giving written notice of such election to the Offering Shareholder within 45 days after the Transfer Notice has been given to CVC (the "CVC Option Period").
Upon exercise of a CVC Option or Spinco Option by any holder, the employer or former employer of such holder shall fund and be liable to the applicable Governmental Authority for any employer taxes.
As soon as practicable after the Company has determined that there will be CVC Available Securities, but in any event within 60 days after the Termination, the Company shall give written notice (the "CVC Option Notice") to CVC setting forth the CVC Available Securities and the purchase price for the JSDs and Executive Common Stock comprising the CVC Available Securities.
If the Company has not elected to purchase all of the Stockholder Shares to be transferred, CVC (or its designee) may elect to purchase all (but not less than all) of the Stockholder Shares to be transferred, upon the same terms and conditions as those set forth in the Transfer Notice, by giving written notice of such election to the Offering Stockholder within 30 days after the Transfer Notice has been given to CVC (the "CVC Option Period").
If neither the Company, the other nonselling Shareholders nor CVC (or its designee) elects to purchase all of the Shareholder Shares specified in the Transfer Notice, then the Offering Shareholder may transfer the Shareholder Shares specified in the Transfer Notice at a price and on terms no more favorable to the transferee(s) thereof than specified in the Transfer Notice during the 60-day period immediately following the expiration of the CVC Option Period.
If neither the Company nor CVC (or its designee) elects to purchase all of the Stockholder Shares specified in the Transfer Notice, then the Offering Stockholder may transfer the Stockholder Shares specified in the Transfer Notice to the designated transferee at a price and on terms no more favorable to the transferee(s) thereof than specified in the Transfer Notice during the 60-day period immediately following the expiration of the CVC Option Period.